

Trapital
Dan Runcie
Trapital is where technology meets culture. Hear breakdowns on the most important trends in tech, media, and entertainment. Trapital founder Dan Runcie and various guests break down the moves that shape the rest of society. Learn more
Episodes
Mentioned books

Sep 25, 2025 • 24min
Oliver Schusser on Apple’s Strategy in Music, AI’s Potential, and the Super Bowl Halftime Show
Oliver Schusser, Vice President of Apple Music and International Content, shares insights from his experience shaping Apple’s music strategy. He reflects on the evolution from iTunes to Apple Music, emphasizing a quality-first and artist-focused approach. Schusser discusses the impact of AI on music experiences and its creative potential. He also details Apple’s involvement in major live events like the Super Bowl Halftime Show and their measured approach to sports rights, all while navigating the challenges of artist compensation in streaming.

8 snips
Sep 18, 2025 • 20min
Elliot Grainge on Atlantic’s Future, AI, and Selling 10K Projects
Elliot Grainge, founder of 10K Projects and CEO of Atlantic Music Group, shares insights on his recent leadership transition. He reflects on selling 10K Projects and the emotional journey behind it. Elliot discusses how scrappy tactics can be adapted for superstars like Bruno Mars and Ed Sheeran, particularly in creating cultural moments and employing real-time marketing strategies. He also explores the impact of AI on the music industry, offering a forward-thinking perspective on artist development and innovation.

11 snips
Sep 15, 2025 • 43min
Trapital Summit Recap: Venue Surprise, Highlights, and Behind the Scenes Moments
Tati Cirisano, an Analyst at MIDiA Research, joins the conversation to dissect the recent Trapital Summit. She reveals the challenges faced, including a surprise venue change due to bankruptcy. The discussion highlights key moments and valuable feedback from attendees. They delve into the roles of AI and industry trends, emphasizing the transformation of artists into multifaceted brands. With reflections on programming decisions and future aspirations, Tati offers insights into how collaboration and authenticity are reshaping the music landscape.

Aug 29, 2025 • 10min
How Much Is The Weeknd's Music Really Worth?
The podcast dives into The Weeknd's ambitious $1 billion music rights financing goal. It explores how his catalog serves as collateral, drawing comparisons to David Bowie's innovative Bowie bonds. The discussion highlights the shifting landscape of music ownership and streaming revenues. Additionally, it honors the late Peter Sinclair, a significant figure in the music industry, while looking forward to an upcoming summit, promising an exciting lineup of speakers.

7 snips
Aug 7, 2025 • 18min
Have Record Labels Turned Into Private Equity Firms?
The podcast dives into how major record labels are transitioning into private equity-like firms, focusing on acquiring legendary music back catalogs instead of signing new artists. It explores the financial shifts driven by streaming royalties, which elevate the value of proven hits. The discussion unveils changes in artist deals, a reduction in risk-taking by labels, and the rise of global investors seeking ownership in music assets. This transformation in the industry hints at a new future for both artists and record companies.

12 snips
Jul 30, 2025 • 18min
The Business Behind Iconic Music Catalogs
Explore the fascinating world of iconic music catalogs and what makes them so valuable. Discover the intricate dynamics behind legendary artists like Queen and Michael Jackson, and learn how their enduring appeal influences financial success. Dive into the impact of music genres on catalog valuation and the significance of streaming in today’s market. Uncover the future of music rights and what it means for artists and investors alike.

Jul 23, 2025 • 40min
Revisiting The Sphere (Rewind)
In this episode, we’re revisiting our deep dive on James Dolan’s Sphere in Las Vegas. The Backstreet Boys residency at the Sphere. As we predicted on our 2025 Live Music Draft, the boy band’s apperance at the Vgas spectacle would exceed expectations. So I talk about that before I jump into the episode.
Then I’m joined by MIDiA Research’s Tati Cirisano for our deep dive on the mult-billion dollar vision and future of The Sphere.
04:05 Sphere’s Backstory
10:33 Business Model
19:21 Financial Hurdles
28:40 Expansion Plans
33:11 Future Prospects
Early bird ticket sales to the Trapital Summit end on Thursday July 24! Get your tickets today before prices go up! Join us on Wednesday September 10 in LA.
This episode is presented by State Farm, the home for your small business needs. Like a good neighbor, State Farm is there.
Listen in for our Chartmetric Stat of the Week.

18 snips
Jul 15, 2025 • 26min
Algorithms vs. Curators: YouTube’s Role in Breaking Through The Noise
Tuma Basa is the Director of Black Music and Culture at YouTube, previously shaping music at MTV and Spotify. He shares insights on YouTube's evolution and its pivotal role in music promotion. The conversation dives into how artists can harness YouTube's diverse format to engage audiences effectively. Tuma discusses the trend of global music, highlighting the rise of Amapiano and its cultural connections. He also explores the shift in music curation from traditional media to digital platforms, emphasizing a more inclusive landscape.

Jul 10, 2025 • 3min
Trapital Summit: Sep 10 in LA. A few announcements...
Exciting news unfolds as a major summit approaches, gathering leaders from music, entertainment, and tech. Notable speakers include Elliot Grainge and Steve Pamon, sharing insights on industry innovations. The event promises valuable networking opportunities and highlights early bird ticket pricing. Sponsors like the Raine Group and Warner Music Group are lending their support, ensuring a stellar lineup. Don't miss this chance to connect with the vanguards shaping the future!

Jul 3, 2025 • 19min
Record Labels Want Market Share, But At What Cost?
Dive into the competitive world of record labels and the fierce battle for market share. Discover how significant financial decisions are influenced by this metric, raising questions about the value of heavy spending. Unpack the complex dynamics of executive compensation tied to market position and the challenges faced by both major and independent labels. Explore the pressing issues of artist success amidst these pressures, and ponder the impact of stagnant streaming revenues on the future of the music industry.